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Search Results 0 to 4 of about 5 (some duplicates have been removed)
LINKTV
Dec 28, 2012 7:00pm PST
modestly optimistic a deal can be reached to stop the economy falling off the fiscal cliff. talks are taking place before tax rises and spending cuts come into effect on january 1. the woman who's a gang rape sparked mass protest in india has died in hospital. doctors treating the 23-year-old say she was showing signs of severe organ failure before her death. thousands of iraqis are protesting, accusing administration of marginalizing them. the so-called fiscal quiff threatening the u.s. economy. have we are joined by an economics columnist with the washington newspaper. he says without an immediate deal, the discussion will significantly change in the new year. >> i think what we will see from the republicans is much greater flexibility as we get into the new year, if it comes to that. and, instead of voting for a tax increase, they are voting for a tax cut. the same policy, when you are voting for it on january 4, would be a tax cut. today, it would be a tax increase. it is a weird way of thinking about it, but we are a strange land, in terms of u.s. policy right now. heather is a s
LINKTV
Dec 28, 2012 5:30am PST
moves rapidly toward falling off the fiscal cliff, president obama is about to give a final push. negotiating with congressional leaders from both political parties. from the democrat-controlled senate, top democrat harry reid, and the top republican mitch mcconnell. senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level o
LINKTV
Dec 27, 2012 5:30am PST
because of japan's large budget deficit. >> the japanese fiscal cliff will be larger than the one in the united states, because japan's financial burden is considerably heavier than the other developed nations. in order for japan to put its fiscal house in order to, japan is launching a tax hike soon. there's one important condition for japan to do that. that is to observe stable growth by the time the taxes will be raised. this government, it has to be eager to boost its economy so that you can see an uptick of growth in the first half of next year. >> toyota is having its largest ever safety crisis, but it will cost more than a billion dollars. japanese automakers selling with customers in the u.s. will say that their vehicle suddenly exploded for no reason. about 16 million vehicles were sold between 1998 and 2010. investors are relieved the payout was not even bigger. shares ended the day a little in tokyo. -- up a little. israeli-arab politician is appealing to the supreme court after she was barrestole the american dream, thursday, 30 eastern, 7:00 p.m. pacific. >> welcome b
LINKTV
Dec 28, 2012 8:00am PST
are when they're not. this whole fiscal cliff discussion while it may have its imaginary dimensions, has a real effect. you're seeing a decline in confidence. there will be a slowdown in the economy. it is true the country can cobble together a deal in the new year, but in the meantime, there will be a lag in which you will see an economy that is already weak further weakened. but i want to go back to something. we have to start creating jobs. this debt-based economic system where the next discussion is 16 -- $16.4 trillion, will we not only over the cliff but in default is the wrong discussion. why aren't we creating jobs using the government's inherit power undeunder the constitution that we spend money to rebuild the infrastructure, put millions of people back to work, create new tax payers and you don't have to worry so much about unemployment benefits that are due to expire. it is the wrong discussion we are having. as we look into the new year, we got a couple of things going. there is a decrease in confidence in government. this is no longer about democrats or republicans. it is about the failure of the government to respond to the aspirations of people for jobs, housing, heal
Search Results 0 to 4 of about 5 (some duplicates have been removed)